Slots Of Vegas Payout
- Slots Of Vegas Payout Times
- Slots Of Vegas Payout Reviews
- Las Vegas Best Slots Payouts
- Las Vegas Casino Payout Percentages
Slots of Vegas is quite an experienced online gambling venue. They've been in the industry ever since 2004. During that period, they've had their ups and downs. But today we'll be focusing mainly on their payment options. We've put together a little banking guide of sorts, so that our readers will have a clear image of what to expect from this casino. In today's article we'll feature the Slots of Vegas deposit and withdrawal methods, as well as various useful banking information, such as maximum payouts, payout options, processing time, and similar. So, if you've been thinking about starting to play online, stay tuned and keep on reading our banking guide on the Slots of Vegas deposit, withdrawal and maximum payout options.
If you prefer a more traditional banking method, relax, Slots of Vegas Casino offers that too. You can choose between a Banking Wire transfer or Banking Checks. The minimum amount you can withdraw.
According to the Nevada Gaming Control Board, the dollar slots pay back an average of 95% of receipts, 25 cent slots payout 93% on average, and 5 cent slots give back 90% to the players. The payout from slots at the downtown or other off-Strip locations is one or two percent higher than those on the Strip. Slot machines in Las Vegas are required by law to payout 75% of the money that goes into them, actual payout in Las Vegas is approximately 95%. Will you be the one that takes the money instead of gives. One Las Vegas spot full of excitement and big payouts is the ARIA casino floor. There’s always something new happening at the ARIA Casino, where you can bet a penny, a dollar or $5,000 and still. The Vegas Strip’s quarter slot machines offered 89.40% RTP, which is really bad when considering the coin size. Only nickel, dollar, and multi-denomination slots delivered over 90% RTP. Multi-denomination machines were the best deal at 93.61% payback.
Slots of Vegas Deposit & Withdrawal Methods
Slots of Vegas offers various withdrawal and deposit banking options. It is fundamental for a casino to offer multiple banking and payment options, in order to make it more convenient for players to deposit and cash-out. There are various ways you can deposit or withdraw at Slots of Vegas, and in the following part of our article, we'll have a look at each of them separately.
Credit Cards
One of the fastest banking options at this casino is through credit cards. Players can make a deposit or a withdrawal by using their credit cards. Visa or Master, credit or debit cards are accepted as well. We should also mention that new players must fill out a Credit Card Agreement Form. After the Banking Department approves this form, you'll be able to request a withdrawal at Slots of Vegas Casino by using your credit or debit card. The maximum payout limit for this kind of banking method is $2,000 per week.
E-Wallets and Crypto Currency
Slots Of Vegas Payout Times
Another popular banking method for depositing and withdrawal at Slots of Vegas is e-wallets and Bitcoins. Neteller is a quick and easy e-banking method. However, we should mention that this kind of banking option is not available for residents of Canada, USA, Spain, France, Germany, and Singapore. According to most players, it takes about 7-10 days for a withdrawal of this type to be processed. We should also point out that the maximum payout is also $2,000 per week.
Slots of Vegas also offers another modern banking option, in the form of cryptocurrency. Bitcoins, to be more precise. You can request a withdrawal or make a deposit using Bitcoins. All you have to do is make sure that you've filled in the required information and request a withdrawal. These kinds of withdrawals have a maximum payout of $2,000 weekly.
Banking Transfer
If you prefer a more traditional banking method, relax, Slots of Vegas Casino offers that too. You can choose between a Banking Wire transfer or Banking Checks. The minimum amount you can withdraw via Banking Wire transfer is $200, while the maximum payout remains the same at $2,000 per week. On the other hand, if you should decide to request a withdrawal through Banking Checks, you should know that the minimum amount you can withdraw is $300. This is due to the fact that transfer through Banking Checks involves overnight fees and processing expenses.
Usually, the processing time of Banking Checks transfer is 3-8 business days after withdrawals have been payed. The checks will be sent to the address that is filed on your account, and fee for this kind of service will be deducted from your withdrawal winnings. Note that the maximum payout for this type of transaction is also $2,000 per week.
How to Request a Withdrawal at Slots of Vegas
Requesting a Withdrawal at SlotsOfVegas Casino can be done by following a few simple steps. After you've won, you will need to exit the game you were playing and head back to the casino lobby. There you have to click the Cashier, where you can request a withdrawal. Typically, your deposit banking method determines your withdrawal banking method. Or in other words, the casino will pay you, the same way you payed the casino. The only exception is credit cards, in which case you'll have a chance to choose your preferred withdrawal banking method. The casino will also look to make things more convenient for you and let you choose your preferred withdrawal banking method, whenever possible. As you've probably noticed by now, the maximum payout for most banking methods is $2,000 weekly. Unless you're a VIP, in which case the maximum payout limits are higher.
Disclaimer
Banking errors may occur from time to time, and luckily SlotsOfVegas Casino is very understanding of this. They are always ready to hear out your side of the story and thoroughly examine it, in case of being charged twice, or maybe even by mistake. If the case is valid, you'll be refunded. If further complications arise, or you wish to delete a transaction, you can do so by sending them an email. Sometimes, multiple transactions may be displayed as a single one. Don't worry, chances are that they all occurred, but have been grouped as a single transaction.
Withdrawal Process Time and Maximum Payout
Withdrawal process times may vary depending on the banking method you choose. The average process time of any banking method at Slots of Vegas is between 10-15 days. According to most users, the fastest banking withdrawal method at Slots of Vegas is through e-wallets. This type of banking withdrawal method takes between 7-10 days. Next on the list are Banking Wire Transfers. These types of withdrawals usually take between 10-15 days to process. Banking Checks on the other hand take a little longer. The main reason behind this is, the fact that Banking Checks are delivered to your home address. With that in mind, you can expect this type of banking request to be processed between 21-28 days.
When it comes to maximum payout limits, they don't differ that much, from one payment method to the other. As you may have already noticed in this article, the maximum payout limit is set at a weekly $2,000. There is a way to increase the maximum payout limit, and in order to do so, you'll need to be a VIP. VIP players enjoy various types of benefits, and an increased maximum payout is one of them. We suggest that you visit the SlotsOfVegas Casino website and click on the VIP Program button, to learn more about getting an increased maximum payout, as well as other benefits. While the maximum payout is pretty standard and remains the same, the minimum withdrawal can be different in certain cases. For instance, a bank wire transfer has a withdrawal of $200 minimum, while the bank checks have a $300 minimum withdrawal.
How to choose the best Withdrawal Method at Slots of Vegas
Since Slots of Vegas provides various withdrawal methods, it might seem confusing for our readers to put their finger on the best possible option. Fact is, there isn't a single best withdrawal method. It all comes down to what you, as a player, feel most comfortable using. As you've probably noticed by now, the main difference in the withdrawal methods at Slots of Vegas is the processing time. Since the maximum payout is the same for all withdrawal methods, we should take the processing time as a rating criterion. If that is the case, then e-wallets represent the fastest way you can have your funds available to you. The same applies to Bitcoin withdrawals. This is followed by Bank Wire Transfer and Bank Checks.
Summary
For our final words, we'd like to summarize what was already stated in this article. After careful analysis we can conclude that Slots of Vegas Casino offers a decent amount of deposit and withdrawal methods. However, their withdrawal limits are exactly that, limiting. We're talking about the maximum withdrawals allowed, which should be higher. On the other hand, if their idea was to provide players with multiple with deposit and withdrawal options, then Bingo! It was a success. In addition to that, their processing time for each payment and withdrawal method seems fair. We should also praise the fact that they accept Bitcoin as payment, which shows that we have a progressive thinking casino on our hands.
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What happens in Vegas stays in Vegas—unless you happen to win a huge cash payout while gambling. The odds that you’ll win $5.00 or $10.00 while playing the slot machines are quite good. The odds of hitting a multimillion-dollar jackpot at a Vegas casino—well, if you accomplish that, then we’ll be hitting the Vegas strip with you next time.
They may be rare, but mega-million jackpots in Vegas do happen. Most recently, in November 2014, a man turned $20.00 into $14.28 million when he hit the progressive jackpot playing a Megabucks slot machine at Rampart Casino. The Megabucks machine is linked to 157 casinos throughout Nevada.
If you’re hoping lightning strikes twice, you may want to visit the following casinos on your next trip to Las Vegas:
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5. Rampart Casino
The unidentified Vegas resident who won the cool $14.0 million at Rampart was visiting the casino with an out-of-town friend one day. The man played the Megabucks slot machine for all of five minutes before hitting the jackpot! The money, he said, would be donated to various charities and his church.
The 50,000-square-foot Rampart Casino1 is located in the JW Marriott Las Vegas Resort & Spa. It boasts nearly 1,300 slots, video poker, and keno machines. The Summerlin Room High Limit area features games that range from $1.00 to $10.00 denominations and the 300-seat Bingo Room is conveniently located next to the Rampart Buffet. With 50 lush acres, JW Marriott Las Vegas is considered to be the first off-the-strip luxury resort in Las Vegas. The 548 guestrooms offer mountain, garden, city, or golf-course views, and are equipped with high-speed Internet access, rainfall showerheads, and jetted tubs.2
If that’s not enough, the JW Marriott has a day spa. Spa Aquae has 36 treatment rooms, an outdoor hydrotherapy circuit pool, a whirlpool, a steam room and sauna, a hot and cold plunge, and cascading waterfall showers. It also has a state-of-the-art fitness center and offers daily yoga sessions.3
4. Bally’s
Seventy-four-year-old Johanna Huendl was on her way to breakfast at Bally’s when she decided to take a seat at the Megabuck machine. She put in about $170.00 and won the jackpot. Initially she misread the machine and was overjoyed to see she would be taking home $2.0 million. But she was wrong; she won $22.62 million.4
Located on the Vegas strip, Bally’s Las Vegas features more than 2,800 extra-sized guestrooms (450 square feet each) and a number of penthouses ranging from 2,567 square feet to 3,425 square feet. Guests at Bally’s can also enjoy the 13,000-square-foot spa, salon, Olympic-sized pools with palm trees, private cabanas, and a whirlpool, fine dining, shows, and shopping.5 At 67,000 square feet, the casino at Bally’s has countless slot and video poker machines, more than 65 Las Vegas table games (casino blackjack, craps, roulette, baccarat, and pai gow), a poker room, a 24-hour Keno parlor, and a stadium-style race and sports book.
3. Palace Station
Did you know that one of the largest, progressive slot machine payouts in history happened at Palace Station? Back in 1998, a retired flight attendant fed $300.00 into a Megabucks machine and walked away with a staggering $27.5 million.
Located just a few minutes off Las Vegas Boulevard, Palace Station is known as the locals’ favorite place to stay and play! Palace Station has a 1,000-room hotel, fitness center, pool, and salon, along with bars, lounges, and fine dining.6
The Palace Station casino has more than 100,000 square feet of gaming space and the perfect mix of slots and table games.7 The casino has more than 1,600 slot/video poker machines, 45 table games (blackjack, pai gow poker, pai gow tiles, “Ultimate Texas Hold’em,” craps, roulette, and baccarat), a 307-seat bingo hall, a 20-seat keno lounge, and a 230-seat race and a sports book featuring 44 screens.
2. Wynn Las Vegas & Encore Resort
On January 26, 2000, Cynthia Jay-Brennan, a Las Vegas cocktail waitress, won $34.9 million after investing $27.00 on a Megabucks machine at the Desert Inn. Naturally, the casino set her up in one of its top suites and offered her champagne and caviar.8
Unfortunately, the Desert Inn suffered the fate of many of the older casinos in Las Vegas: it was imploded. Today, Wynn Las Vega and Encore Resort now sit on the land where Desert Inn once stood. If you’re superstitious, you might want to try the casino at Wynn or Encore.
Wynn Las Vegas is an iconic, curved high-rise on the Las Vegas Strip with 2,716 rooms ranging in size from 640 square feet to villas at 7,000 square feet. Together with the adjacent Encore Resort, the entire Wynn resort complex has a total of 4,750 rooms, making it the world’s sixth-largest hotel.9
Wynn Las Vegas has a 223,000-square-foot convention center, 76,000 square feet of retail space, a spa, a salon, a pool, and an 111,000-square-foot casino. If you like to golf, Wynn Resorts also has the only golf club on the Strip. The 18-hole, 7,193-yard, par-72 golf course was designed by world-famous architect Tom Fazio and resort owner Steve Wynn.
Encore Resort features a 2,034-room hotel that is ranked as one of the top 100 hotels in the world on the 2015 Gold List. Encore also has a 74,000-square-foot casino, 27,000 square feet of retail space, a spa and salon, five restaurants, seven bars, and a nightclub.
1. Excalibur
Back in March 2003, a 25-year-old software engineer from Las Angeles won $39.7 million after putting $100.00 in the Megabucks slot machine at Excalibur. The winner, who wished to remain anonymous, beat odds at the time of one in 16.7 million to take home the largest jackpot in Las Vegas history.10
Excalibur isn’t just a name—it’s a way of life. On the south end of the Las Vegas Strip, Excalibur is a Camelot-themed resort linked to neighbouring New York-New York and Tropicana resorts by overhead pedestrian bridges.11
The hotel has 4,008 rooms, ranging from contemporary to guest suites. Amenities include shopping, four luxurious pools (including one for guests 18 years of age and older), a 13,000-square-foot spa, a fitness center, and, of course, the Canterbury Wedding Chapel.
The 100,000-square-foot gaming area consists of both table games and over 1,400 slot machines, including the ever-popular Megabucks progressive jackpot slot machine. The casino also has a poker room, keno, and pari-mutuel betting.12
So, what happens if lightning does happen to strike twice and you win big?
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Slots Of Vegas Payout Reviews
In the United States, winnings of more than $1,200 from slots (or other forms of gambling, including poker, pari-mutuel, and sports betting) are considered taxable income and are subject to a 30% withholding tax. If you win $2,500 on the slots in Las Vegas, you’ll walk out with just $1,750. The IRS gets to keep the rest.
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Sources:
1. “Where the Locals Play in Summerlin,” Rampart Casino at The Resort at Summerlin web site; https://www.theresortatsummerlin.com/gaming/index.php, last accessed May 1, 2015.
2. JW Marriott Las Vegas Resort & Spa web site; http://www.marriott.com/hotels/travel/lasjw-jw-marriott-las-vegas-resort-and-spa/, last accessed May 1, 2015.
3. Spa Aquae web site; http://spaaquaelv.com/, last accessed May 1, 2015.
4. “$22.6 Million Megabucks Hits at Bally’s Las Vegas,” IGT web site; http://www.igt.com/company-information/news-room/news-releases?NewsID=650269,
last accessed May 1, 2015.
5. Caesars web site; https://www.caesars.com/ballys-las-vegas, last accessed May 1, 2015.
6. Palace Station web site; https://palacestation.sclv.com/, last accessed May 1, 2015.
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7. “Boarding Pass Players Club,” Palace Station web site; https://palacestation.sclv.com/Gaming.aspx, last accessed May 1, 2015.
8. Macy, R., “Woman plays $27, wins $34.9 million,” Las Vegas Sun web site, January 27, 2000; http://lasvegassun.com/news/2000/jan/27/woman-plays-27-wins-349-million/.
9. Wynn Las Vegas web site; http://wynnlasvegas.com/, last accessed May 1, 2015.
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10. Norman, R.J., “Record jackpot claimed by Calif. engineer,” Las Vegas Sun web site, March 4, 2003; http://lasvegassun.com/news/2003/mar/24/record-jackpot-claimed-by-calif-engineer/?history.
11. Excalibur web site; http://www.excalibur.com/, last accessed May 1, 2015.
12. Excalibur casino web site; http://www.excalibur.com/casino/, last accessed May 1, 2015.